Stock Track | iShares Silver Trust (SLV) Soars 7.29% Intraday on Safe-Haven Demand Amid Geopolitical Tensions and Fed Uncertainty

Stock Track01-12

The iShares Silver Trust (SLV) surged 7.29% during Monday's intraday trading, mirroring a rally in silver prices to record highs as investors sought safe-haven assets amid escalating geopolitical risks and economic uncertainties.

The spike followed heightened tensions in Iran, where unrest has claimed over 500 lives, and U.S. threats of military action. Concurrently, a criminal probe into Federal Reserve Chair Jerome Powell by the Trump administration weakened the dollar and fueled bets on rate cuts, boosting non-yielding assets like silver.

"Precious metals are benefiting from a perfect storm of geopolitical instability and dovish Fed expectations," noted analysts, adding that central banks may increase silver holdings as a hedge against dollar volatility.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
1